Accounting JAMB

Determine the closing balance of the cash book?
Capital 12,700 Purchases 7,100
Debtors 4,000 Stationery 1,900
Sales 2,400 Wages 1,230

 

A. N655 credit
B. N655 debit
C. N130 credit
D. N130 debit

Correct Answer:

Option B – N655 debit

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5 years ago

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